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Honda and LG Energy Are Eyeing Ohio for New Electric-Car Battery Plant

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Honda Motor Co. and LG Energy Solution are eyeing Ohio as the frontrunner location for a new North American battery plant, according to people with knowledge of the matter.

The Midwestern state is considered a strong candidate because Honda already has automaking plants there, making it easier for LG Energy to transport the batteries, one of the people said. A final decision has yet to be made and the ultimate location could still change, according to the people, who declined to be identified because the discussions are private.